Dedicated to supporting and investing in innovative startups.

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Business Angels with a lot of heart.

We dedicate ourselves to supporting early-stage companies at the pre-seed level with solid teams, clarity of purpose, and addressing large markets poised for growth or change. Our focus is on companies domiciled in the Nordics and Baltics, in sectors where the Nordics have a competitive advantage, deep knowledge and strong infrastructure.

We prioritize sustainability in all our decisions, focusing on advancing the Sustainable Development Goals (SDGs) and following Environmental, Social and Governance (ESG) principles. We aim for total gender equality regarding the composition of our management team, shareholders, and partner companies.

Meet the Founders

  • Åsmund Johan Mandal

    FOUNDER BASED IN NORWAY

    Åsmund is the Chairman of Business Angels Norway (BAN) and a serial entrepreneur. He is an experienced MD with a long history of working in the oil & gas industry. Åsmund has made over 45 angel investments.

  • Camilla Andersson

    FOUNDER BASED IN NORWAY

    Camilla is a serial entrepreneur, founder and an active investor in various industries. She has advised, mentored and invest-ed in numerous founders and served on boards at several start-ups.

  • Jørn Lein-Mathisen

    FOUNDER BASED IN NORWAY

    Jørn is the founder and MD of BAN and the co-founder of NordicBAN. He is one of the leading Nordic business angels with over 65 angel invest-ments since 2016.

  • Rita Anson

    FOUNDER BASED IN NORWAY

    Rita is a consultant for BAN and the co-founder and COO of WIN Network Norway. She has over 20 years of experience in business development.

  • Ragnheiður Magnúsdóttir

    Ragnheiður Magnúsdóttir

    FOUNDER BASED IN ICELAND

    Ragnheiður has extensive leadership and management experience. She is an entrepreneur and has served on the board of several start-ups in Iceland. She was one of the authors of the first innovation policy for Iceland.

  • Sigurjón Magnússon

    FOUNDER BASED IN ICELAND

    Sigurjón was the co-founder, chairman and CEO of Laki Power, a startup. He has comprehensive experience in business development, investments and has served on the board of several start-ups.

  • Ágústa Ýr Þorbergsdóttir

    FOUNDER BASED IN ICELAND

    Águsta is an expert in EU energy and climate policy and carbon markets. She advises on financing from international IFIs, financial instruments and grants, and sustainable finance